In the new world of artificial intelligence (AI)-powered automation, businesses face a vexing problem: AI systems that confidently generate plausible but inaccurate information, a phenomenon known as “hallucinations.” As companies increasingly rely on AI to drive decision-making, the risks posed by these fabricated outputs are...
Meta’s plans for training its AI have run afoul of a European privacy group. Vienna-based NOYB — the European Center for Digital Rights — said Thursday (June 6) it had filed complaints with 11 European countries, arguing that Meta’s use of user data in its AI proposed AI practices violate...
Treasury Secretary Janet Yellen will caution financial institutions on Thursday (June 6) about risks associated with the use of artificial intelligence (AI). While AI is already used in the financial services sector for forecasting, fraud prevention, customer support and other use cases, the technology’s rapid...
A group of current and former employees from OpenAI and Google DeepMind have reportedly signed a public letter calling for protection from retaliation when sharing concerns about the “serious risks” associated with the artificial intelligence (AI) these companies are developing. The letter highlights a lack...
June 06, 2024
Meta’s plans for training its AI have run afoul of a European privacy group. Vienna-based NOYB — the European Center for Digital Rights — said Thursday (June 6) it had filed complaints with 11 European countries, arguing that Meta’s use of user data in its AI proposed AI practices violate the EU’s General Data Protection Regulation (GDPR). The group asks […]
June 05, 2024
Treasury Secretary Janet Yellen will caution financial institutions on Thursday (June 6) about risks associated with the use of artificial intelligence (AI). While AI is already used in the financial...
June 04, 2024
A group of current and former employees from OpenAI and Google DeepMind have reportedly signed a public letter calling for protection from retaliation when sharing concerns about the “serious risks”...
May 30, 2024
Europe’s markets regulator is warning about potential dangers of artificial intelligence (AI) use by investment firms. The European Securities and Markets Authority (ESMA) issued guidance Thursday (May 30) for companies...
